picasso’s Woman with a Flower Hat appears after 81 years…fetches KRW 53.6 billion at auction

an unpublished work by 20th-century art master Pablo Picasso has come to light after 81 years and set a new auction record: Picasso’s Woman with a Flower Hat,a portrait of his lover and muse Dora Maar .

sold for 53.6 billion won, four times the estimate

피카소 그림 명화 경매 81년 낙찰 536억원 꽃모자를쓴여인

the work was sold at auction at the Drouot auction house in Paris, France, on October 24 for a total of €32 million, or KRW 53.6 billion, including fees. This was four times the original estimate of €8 million, or KRW 13 billion, and after fierce competition, it was the highest price ever paid for an artwork at auction in France this year. The winning bidder, whose identity has not been disclosed, is an anonymous private collector.

gentleness in the midst of fury: an extraordinary portrait of Dora Mar

피카소 그림 명화 경매 81년 낙찰 536억원 꽃모자를쓴여인

created in 1943 in Paris during the German occupation, this painting has a different mood than Picasso’s other portraits of Dora Mar. unlike the “Crying Woman” series, which was painted at a time when Picasso’s relationship with Mar was at a breaking point, and is marked by intense and painful emotions, here she is portrayed as soft, gentle, and colorful. “It is an exceptional work, fresh and full of emotion, capturing a crucial moment in Picasso’s personal life,” said auctioneer Christophe Lucien, “and its discovery is a great moment in the lives of our experts.”

an 81-year secret

the work has never been seen by the public since it was purchased by a private French collector in 1944. Its existence has only been known from a black-and-white photograph taken by photographer Brassaï, and after 81 years in the same family, it is being offered at auction for the first time. the appearance of the masterpiece, shrouded in secrecy for so many years, was enough to capture the attention of art lovers around the world.

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